market move sideways

in bitcoin •  7 years ago 

The market has moved mostly sideways for much of the last month while Bitcoin has regained stability and support above $10k

The last week or so has been a great time to accumulate your favorite ALTs but we’re being careful to ensure we’re nicely diversified into Bitcoin as well - as we’ve always stressed.

The reality is this: For a real bull market to commence, new money is going to need to come into the space.

The daily trading volume for the last month has been about 70% less than we saw at the peak of the last run, with only about $18bn per day being traded right now.

When the volume begins to increase again it’ll be a good sign that the market is really heating up.

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